Techmeme

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Brenna Hughes Neghaiwi / Reuters:
The Swiss Bankers Association unveils new guidelines for banks that could make it easier for cryptocurrency/blockchain companies to open corporate bank accounts   —  Faced with an exodus of cryptocurrency projects from the country due to falling access to the banking sector, the Swiss Bankers Association …
Sep 23, 2018, 5:05 AMIn context
Suzanne Barlyn / Reuters:
John Hancock, one of the largest life insurers in the US, will now only sell policies that track fitness and health data via wearable devices and smartphones   —  (Reuters) - John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance …
Sep 19, 2018, 9:05 PMIn context
Foo Yun Chee / Reuters:
EU sources: Facebook may face sanctions because it has yet to comply with EU consumer rules; Airbnb has made necessary changes in response to regulatory demands   —  BRUSSELS (Reuters) - Facebook (FB.O) may face sanctions because it has yet to comply with EU consumer rules while Airbnb …
Sep 19, 2018, 3:10 PMIn context
Cate Cadell / Reuters:
Alibaba says it will set up a chip subsidiary to make customised AI chips for its cloud and IoT businesses, aims to launch its first AI chip in H2 2019   —  HANGZHOU, China (Reuters) - Alibaba Group Holding Ltd (BABA.N) will set up a dedicated chip subsidiary and aims to launch …
Sep 19, 2018, 11:35 AMIn context
Reuters:
Sources: Tencent Music Entertainment Group has confidentially filed for a $2B US IPO, down from the up to $4B rumored earlier   —  HONG KONG (Reuters) - Tencent Music Entertainment Group, China's biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing …
Sep 19, 2018, 11:05 AMIn context
Jonathan Stempel / Reuters:
New York's top banking regulator sues US government, claiming it usurped state powers by awarding national bank charters to online lenders and payment companies   —  NEW YORK (Reuters) - New York state's top banking regulator on Friday sued the federal government to void its decision …
Sep 16, 2018, 6:05 AMIn context
Thomas Escritt / Reuters:
Survey of 503 executives by German IT sector association Bitkom shows ~66% of manufacturers have been hit by cyberattacks, costing €43B   —  BERLIN (Reuters) - Two thirds of Germany's manufacturers have been hit by cyber-crime attacks, costing industry in Europe's largest economy some 43 billion euros …
Sep 13, 2018, 2:00 PMIn context
Heather Somerville / Reuters:
Uber says it will spend $150M over five years to boost its Toronto-based engineering hub and expand self-driving car operations   —  Uber Technologies Inc is spending millions of dollars in Toronto to open an engineering hub and expand its self-driving car operations, the strongest indication yet …
Sep 13, 2018, 12:00 PMIn context
Reuters:
Sources: China's Meituan-Dianping has raised about $4.2B in its Hong Kong IPO after pricing its shares toward the top end of the range at HK$69 (~$8.79) each   —  HONG KONG (Reuters/IFR) - China's Meituan Dianping (3690.HK), an online food delivery-to-ticketing services platform …
Sep 12, 2018, 11:15 PMIn context
Douglas Busvine / Reuters:
Brave, with two co-plaintiffs, file GDPR complaints in UK and Ireland against Google and “others”, seeking probe into behavioral ad practices exposing user data   —  COLOGNE, Germany (Reuters) - Brave, a privacy-focused web browser set up by Silicon Valley engineering guru Brendan Eich …
Sep 12, 2018, 9:20 PMIn context

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